Author Question: A small reduction in a country's growth rate is a concern to policy makers because A) a small ... (Read 92 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
A small reduction in a country's growth rate is a concern to policy makers because
 
  A) a small change can have large effects on per capita GDP over time.
  B) a reduction usually leads to future reductions until finally the economy stagnates.
  C) policy makers focus too much on economic growth and not enough on increasing savings rates.
  D) the larger GDP is the better the economic welfare will be in the future.

Question 2

Graphically, the effects of an external cost can be shown as
 
  A) a leftward shift of the market demand curve.
  B) a leftward shift of the market supply curve.
  C) a downward movement along the market demand curve.
  D) a rightward shift of the market supply curve.



dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library